Profile
Sector:
Real EstateIndustry:
ResidentialCountry:
United StatesIPO:
17 March 1980Website:
http://www.udr.comNext earnings report:
06 February 2025Last dividends:
10 October 2024Next dividends:
N/APrice
regular market | 0 min agoAnalysts recommendations
Institutional Ownership
Included in screeners
UDR Latest News
UDR, Inc. (NYSE:UDR) will hold its Q3 2024 Results Conference Call on October 31, 2024, at 1:00 PM ET. The call will feature several company executives, including Trent Trujillo, Tom Toomey, and Joe Fisher, along with participants from various financial institutions. Please note that this conference call is being recorded.
UDR's results for the third quarter show a rise in income from their existing properties, thanks to a strong job market, even with a lot of new developments.
The financial results for UDR (UDR) provide an overview of the company's performance for the quarter ending in September 2024. It may be helpful to compare some important metrics with Wall Street predictions and figures from the same period last year.
UDR (UDR) reported quarterly funds from operations (FFO) of $0.62 per share, matching the Zacks Consensus Estimate. This is slightly lower than the FFO of $0.63 per share from the same period last year.
UDR (UDR) has received a Zacks Rank of #2 (Buy), indicating increased confidence in the company's potential earnings. This could lead to a rise in the stock price in the short term.
UDR's earnings for the third quarter are expected to benefit from a mix of different investments and new technology efforts, but a high level of supply may have had a negative impact.
DENVER--(BUSINESS WIRE)--UDR, Inc. (the “Company”) (NYSE: UDR), a top multifamily real estate investment trust, has announced that it will share its financial results for the third quarter of 2024 on Wednesday, October 30, 2024, after the market closes. A public conference call is scheduled for Thursday, October 31, 2024, at 1:00 p.m. Eastern Time, where company officials will discuss the results and recent developments.
UDR shares have done better than the market, increasing by 12% compared to the S&P 500's 6% rise, thanks to falling interest rates and steady apartment rents. UDR's success is linked to interest rates, gaining from the Federal Reserve's cuts, although this advantage might already be reflected in the prices. Additionally, UDR's focus on established markets with limited new supply has helped it manage the rental market decline, but this support may decrease next year.
UDR is expected to benefit from its varied collection of A/B quality properties in different markets, positive demographic trends, advancements in technology, and a strong financial position.
DENVER--(BUSINESS WIRE)--UDR, Inc. (the “Company”) (NYSE: UDR), a top multifamily real estate investment trust, has announced its participation in the Bank of America Securities 2024 Global Real Estate Conference, taking place at the Bank of America Tower in New York City from September 10-12, 2024. The UDR Executive Team will lead a roundtable discussion on Tuesday, September 10, 2024, at 3:45 p.m. Eastern Time. The discussion will focus on various topics related to the company.
What type of business is UDR?
UDR, Inc. is a publicly traded real estate investment trust in the United States. It operates as a REIT fund and was founded in 1972, with its headquarters located in Rancho Highlands, Colorado. The company's activities include acquiring, owning, managing, as well as renovating and developing multi-family residential complexes located in markets with high barriers to entry across the United States. As of the end of 2019, the company's real estate portfolio included: - Approximately 148 residential complexes located in 20 markets, consisting of over 47,000 completed multi-family homes. - 3 complexes in Colorado, California, and Texas under construction and development with a total of over 850 homes. - 653 multi-family homes undergoing reconstruction.
What sector is UDR in?
UDR is in the Real Estate sector
What industry is UDR in?
UDR is in the Residential industry
What country is UDR from?
UDR is headquartered in United States
When did UDR go public?
UDR initial public offering (IPO) was on 17 March 1980
What is UDR website?
https://www.udr.com
Is UDR in the S&P 500?
Yes, UDR is included in the S&P 500 index
Is UDR in the NASDAQ 100?
No, UDR is not included in the NASDAQ 100 index
Is UDR in the Dow Jones?
No, UDR is not included in the Dow Jones index
When was UDR the previous earnings report?
No data
When does UDR earnings report?
The next expected earnings date for UDR is 06 February 2025